LIEURANCE
LIEURANCE is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Banks, R. C. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,430 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $298K, with roughly $56K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 75 barrels a month. Its strongest month on the record we hold was July 2023, at 235 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LIEURANCE
- Who operates LIEURANCE?
- LIEURANCE is operated by Banks, R. C., Railroad Commission of Texas operator number 048500.
- Where is LIEURANCE?
- LIEURANCE is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32949.
- Is LIEURANCE still producing?
- LIEURANCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIEURANCE is August 2026.
- How much has LIEURANCE produced?
- LIEURANCE has reported 48,430 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LIEURANCE worth?
- The remaining production from LIEURANCE is estimated to be worth about $298K in total as of 26 August 2026, within a range of $164K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIEURANCE is a fraction of it. The estimate fits an Arps decline curve to the production LIEURANCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIEURANCE is an estimate of value, not an offer and not an appraisal.
- How much income does LIEURANCE generate in a year?
- LIEURANCE is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIEURANCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Banks, R. C. |
|---|---|
| Field | Hamco (Clearfork) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 32949 |
| Wellbores | 1 |
| Reported production | 48,430 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where LIEURANCE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.